Fund title: First Steps Enterprise Fund

Focus of fund/fund aims:

Application deadline:

Fund description:

This is a £300,000 pilot fund for community enterprises looking to take on their first loan to help the organisation move forward from the start-up stage.

There is a particular focus on organisations working in the following areas:

older people

health and wellbeing

employment for young people

Small community-led organisations can apply for up to £30,000 (90% loan and 10% grant) to help them grow their services and become more sustainable. The investments are the first steps towards accessing the wider social investment market and more financing options.